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Trailbreaker Resources Acquires the Eagle Lake Property in South-Central BC, Adjacent to Woodjam Copper
VANCOUVER, British Columbia, May 18, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the a
About this update from Trailbreaker Resources Ltd
[{"type":"text","content":" VANCOUVER, British Columbia, May 18, 2022 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the acquisition of the Eagle Lake property in south-central BC (British Columbia). The property was acquired through a combination of staking and a sale agreement with Teck Resources Limited (“Teck”) on their Takomkane property. Eagle Lake Location Map (See high resolution version) Highlights of the new Eagle Lake property Situated directly adjacent to Consolidated Woodjam Copper Corp.’s Woodjam Cu-Au (copper-gold) porphyry project which hosts an inferred resource of 1.7B lbs copper and 968,100 oz gold with an aggressive 2022 exploration program planned. Results of limited historic exploration at the Eagle Lake property include a drill intercept of 3.52 g/t Au over 9.9 metres which remains to be followed up. Covers 18,990 hectares of prospective ground with potential for porphyry copper-gold and mesothermal gold discoveries. 100%-owned by Trailbreaker Resources, with a portion of the claim package subject to a 1% Net Smelter Royalty (NSR) held by Teck. Located 55 km east of Williams Lake, BC in the Caribou Mining district. Excellent road accessibility via an extensive network of well-maintained forest service roads. Situated within the Quesnel terrane which is host to several of BC’s large tonnage Cu-Au porphyry deposits. Daithi Mac Gearailt, CEO of Trailbreaker, commented, “This is a landmark acquisition for Trailbreaker Resources and we are very thankful to Teck who clearly understood our vision to consolidate this land package and increase our chances of making a new discovery in this underexplored area of BC.” About the Eagle Lake property The 18,990-ha Eagle Lake property is an early-stage porphyry copper-gold and mesothermal gold prospect located in the Cariboo Mining district, approximately 55 km east of Williams Lake in south-central BC. (see Overview Map). The property is road accessible by an extensive network of well-maintained forest service roads. The Eagle Lake property is 100%-owned by Trailbreaker, with a portion of it subject to an underlying 1% NSR to Teck. The newly consolidated Trailbreaker claims are situated within the Quesnel terrane which is host to several of BC’s large tonnage copper-gold porphyry deposits. These include New Gold’s Afton mine, Imperi...